Astana became the new capital of Kazakhstan in 1998 for a variety of reasons. Its convenient location in the center of the Eurasian continent makes Astana an economically advantageous center of transportation, communications, and logistics. It is also a significant, albeit unusual, transit bridge between Europe and Asia.
The city has become one of the largest commercial centers in Kazakhstan. The entrepreneurial culture here has seen dynamic development, as there are more than 128 thousand small and medium-sized enterprises (SMEs) in Astana. The average monthly salary for residents of the metropolis is about 154 thousand tenge (USD $462).
After Astana attained status as the country’s capital, more than 10 million square meters of housing were built there. Hundreds of local and foreign real estate development companies took part in the construction of Astana.
By the end of the 20th century, the former capital of the country – Almaty – faced many problems that impeded its further development: overpopulation (more than 1.5 million inhabitants), congested highways, and worsening ecological conditions.
Astana was previously known as Akmola
Previously known as Akmola, the city was renamed Astana – meaning “the capital” in Kazakh language – on May 6, 1998. The old city of skillful masters, merchants, and hardworking grain-growers became the center of government, and a locus of social and cultural life for the newly democratic and sovereign Kazakhstan.
Today, Astana is not only the largest administrative center in Kazakhstan – it also sits at the crossroads of major development networks in the country. As the leading city, Astana sets the tone for innovative development in Kazakhstan. The city acts as the engine of transformation in the Kazakhstan of the new millennium. A tourist pearl in the steppes.
Astana had a number of decisive advantages over other cities: an extensive urban area, competitive geographical location (proximity to the main economic centers of the country), considerable demographic potential, well-developed transportation infrastructure, and a rather favorable environment.
To Visit Astana
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